Arkadios Wealth Advisors Has $1.19 Million Position in AGNC Investment Corp. $AGNC

Arkadios Wealth Advisors raised its position in AGNC Investment Corp. (NASDAQ:AGNC) by 79.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,595 shares of the real estate investment trust’s stock after purchasing an additional 54,006 shares during the quarter. Arkadios Wealth Advisors’ holdings in AGNC Investment were worth $1,190,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in AGNC Investment by 7.2% during the 2nd quarter. Brighton Jones LLC now owns 15,800 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 1,064 shares during the period. Compass Financial Group INC SD lifted its holdings in shares of AGNC Investment by 5.3% during the third quarter. Compass Financial Group INC SD now owns 21,521 shares of the real estate investment trust’s stock worth $211,000 after purchasing an additional 1,084 shares during the period. KG&L Capital Management LLC grew its stake in shares of AGNC Investment by 2.4% in the third quarter. KG&L Capital Management LLC now owns 48,434 shares of the real estate investment trust’s stock worth $474,000 after purchasing an additional 1,120 shares during the last quarter. Nwam LLC grew its stake in shares of AGNC Investment by 4.5% in the third quarter. Nwam LLC now owns 27,353 shares of the real estate investment trust’s stock worth $279,000 after purchasing an additional 1,177 shares during the last quarter. Finally, Huntington National Bank increased its holdings in AGNC Investment by 32.2% in the second quarter. Huntington National Bank now owns 4,918 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 1,199 shares during the period. 38.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Peter J. Federico sold 45,798 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $10.27, for a total transaction of $470,345.46. Following the transaction, the chief executive officer owned 1,557,401 shares in the company, valued at approximately $15,994,508.27. This represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.42% of the company’s stock.

AGNC Investment Price Performance

Shares of AGNC opened at $11.85 on Friday. The firm has a market cap of $12.71 billion, a PE ratio of 17.69 and a beta of 1.36. AGNC Investment Corp. has a 52-week low of $7.85 and a 52-week high of $11.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 0.31. The business’s 50 day moving average price is $10.81 and its two-hundred day moving average price is $10.18.

AGNC Investment Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be issued a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date is Friday, January 30th. AGNC Investment’s dividend payout ratio (DPR) is presently 214.93%.

Analyst Upgrades and Downgrades

Several research analysts have commented on AGNC shares. Keefe, Bruyette & Woods lifted their target price on AGNC Investment from $10.50 to $11.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. BTIG Research cut AGNC Investment from a “buy” rating to a “neutral” rating in a report on Tuesday, January 6th. Jones Trading lowered shares of AGNC Investment from a “buy” rating to a “hold” rating in a report on Thursday. Wall Street Zen downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. Finally, Piper Sandler increased their price objective on shares of AGNC Investment from $11.00 to $11.50 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.41.

AGNC Investment Company Profile

AGNC Investment Corp. is a self-managed real estate investment trust (REIT) that primarily acquires and manages a portfolio of residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company employs a leveraged total return strategy, borrowing against its securities to enhance income potential while using interest rate hedges to manage risk. AGNC’s investment objective is to generate attractive monthly dividends and long-term capital appreciation for its shareholders.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC focuses exclusively on U.S.